Given the escalating tension, Mr market is always susceptible to any volatility. Guess SMRT is not immune after all and there is no better time to pick up the battered stock. No one know for sure how long the downtrend it will last, but once it has bottomed out, the recovery will be fast and furious.
@dawchok. Quite hard. SMRT is lacking a catalyst for the second push. Because after the change into IOT business (first catalyst), now the market is quite uncertain what value to place on SMRT. All depending on the next QR. and again the QR should announce on 28th of Febuary. I have my sights on 1.2. Not a financial advice.
half a year 3 cents EPS is not bad at all. if we speculate 6 cents per year, at 0.895 the pe value is only 14. The industry average for tech is 25-30. I will just hold. Its seems the panic is unwarranted. Not a financial advise.
solid fundamentals, good growth prospects, tech IoT play ... and trading at annualized PE of just 15x only vis-a-vis 20x-40x of other tech stocks. just very unfortunate that this stock is not getting enough attn as others...
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Cakes Moon
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Posted by Cakes Moon > 2024-01-18 22:42 | Report Abuse
My gut feeling tell me that this is the solid rock bottom price.
Tomorrow buy in test water.